FLYW
Flywire Corp
NASDAQ: FLYW · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$13.68
+0.74% today
Updated 2026-04-29
Market cap
$1.69B
P/E ratio
124.36
P/S ratio
2.71x
EPS (TTM)
$0.11
Dividend yield
—
52W range
$10 – $15
Volume
1.8M
Flywire Corp (FLYW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $94.92M | $131.78M | $201.15M | $289.38M | $403.09M | $492.14M | $623.02M |
| Revenue growth (YoY) | — | +38.8% | +52.6% | +43.9% | +39.3% | +22.1% | +26.6% |
| Cost of revenue | $36.73M | $47.80M | $70.19M | $107.93M | $140.14M | $177.49M | $240.36M |
| Gross profit | $58.19M | $83.98M | $130.96M | $181.44M | $403.09M | $314.65M | $382.67M |
| Gross margin | 61.3% | 63.7% | 65.1% | 62.7% | 100.0% | 63.9% | 61.4% |
| R&D | $15.01M | $24.50M | $31.30M | $50.26M | $62.03M | $66.64M | $70.21M |
| SG&A | $34.03M | $42.68M | $61.62M | $82.95M | $107.62M | $125.84M | $135.48M |
| Operating income | $-17.46M | $-15.81M | $-13.26M | $-30.22M | $-21.52M | $-7.25M | $11.29M |
| Operating margin | -18.4% | -12.0% | -6.6% | -10.4% | -5.3% | -1.5% | 1.8% |
| EBITDA | $-13.38M | $-8.95M | $-14.91M | $-23.84M | $-21.52M | $19.76M | $3.57B |
| EBITDA margin | -14.1% | -6.8% | -7.4% | -8.2% | -5.3% | 4.0% | 573.6% |
| EBIT | $-17.11M | $-15.74M | $-23.91M | $-36.15M | $-17.84M | $2.40M | $3.55B |
| Interest expense | $2.46M | $2.53M | $2.02M | $1.21M | $3.72M | $538000.00 | $3.53B |
| Income tax | $550000.00 | $-7.17M | $2.16M | $1.99M | $4.21M | $-1.04M | — |
| Effective tax rate | -2.8% | 39.2% | -8.3% | -5.3% | -96.8% | -55.9% | 0.0% |
| Net income | $-20.12M | $-11.11M | $-28.09M | $-39.35M | $-8.57M | $2.90M | $13.50M |
| Net income growth (YoY) | — | +44.8% | -152.9% | -40.1% | +78.2% | +133.9% | +365.4% |
| Profit margin | -21.2% | -8.4% | -14.0% | -13.6% | -2.1% | 0.6% | 2.2% |